Rising prices amongst the many problems that the Biden Administration has created for the American people. But is Biden solely responsible for it? No. Previous Republican and Democrat administrations made their contributions with record government spending & the debts that …
by CanadianStrategist I see a lot of articles and posts these days talking about supply chain issues: whether it’s about how expensive it is to buy a shipping container, or that there isn’t enough space at shipping ports, or that …
by JC1812 The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. The tax year 2022 adjustments described below generally apply to …
by confoundedinterest17 As inflation seems unstoppable by The Federal Reserve, we are seeing the US Dollar, Gold and Ethereum soaring in price. Persistent inflation is here to stay. Yup, The Fed is firing blanks.
View post on imgur.com https://theintercept.com/2021/11/10/inflation-economy-debt-milk-prices/
View post on imgur.com https://twitter.com/JesseKellyDC/status/1458450039865581582 https://twitter.com/JesseKellyDC/status/1458453618542186503 https://twitter.com/JesseKellyDC/status/1458455062544625671
by soysssauce It’s because the logistic is a nightmare right now. I import things from China. There are thousands of companies like mine. We are the one that sells shit to ur the distributors, the distributors sells to stores. We are …
Kitco News, Released on 11/10/21 Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for …
by m4329b Given the 6.2% YoY CPI reading that came out today I looked at the relationship between the Fed Funds Rate and CPI. This is the largest gap between interest rates and the inflation rate in the modern era. …
by confoundedinterest17 How insanely overstimulated in the US economy by The Federal Reserve? Today’s red-hot inflation report of 6.2% YoY implies a Fed Funds Target rate of … 14.94%!! According to the Taylor Rule model, The Fed Funds Target rate should …
The irony of economics is that inflation expectations are always highest at the end of the cycle. But when the cycle ends they collapse along with asset values. You can play that game if you are fast. But if you …
by Shaun Richards The economic story of 2021 has become one of rising inflation. Some of this is quite simple in the sense that the claimed triumph of getting demand back towards pre pandemic levels happened too quickly for supply …
YELLEN DISMISSES RUNAWAY INFLATION… (Bloomberg) — Treasury Secretary Janet Yellen repeated her view that elevated U.S. inflation won’t persist beyond next year and said the Federal Reserve will act if needed to prevent a rerun of 1970s-style price rises. Consumer …
NFIB planned prices SURGE again today. Inflation clearly hasn't peaked yet. The Fed is simply wrong on inflation -> https://t.co/20c01CpfWL pic.twitter.com/bgW4rMTw7l — Andreas Steno Larsen (@AndreasSteno) November 9, 2021 I got offered 20k more for my Mercedes and it's 2 …
by confoundedinterest17 Now that President Biden is interviewing Lael Brainard for Federal Reserve Chair, I am really getting a peaceless, uneasy feeling that The Fed will NEVER raise rates and inflation will be perpetual. To whit, … Prices paid to U.S. producers accelerated …
Fed May Need to Move Faster If Inflation Persists, Bullard Says … the inflation which the Fed spent the two-thirds of 2021 saying was transitory? — zerohedge (@zerohedge) November 9, 2021 Thanksgiving Dinner Staples Hard to Find… Trucker Shortage Still …
by Michael Snyder It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all. In particular, vehicle prices have become exceedingly painful in recent months. Due to …
https://www.youtube.com/watch?v=0tUj5NLDsTA
by Ryan McMaken of Mises Institute It seems supporters of the Biden administration finally settled on a narrative they like for explaining away supply chain shortages. Here’s the administration’s talking point: the US economy is rolling along so well that Americans are demanding huge …
If you are under the impression that the “inflation tax” is only an allusion to the shrinking impact inflation has on the purchasing power of your income and savings, you should continue reading. Inflation is a real tax, just as …
By Lance Roberts Several articles published lately suggest that stocks perform well in higher inflation environments. That may be the case when inflation rises due to more robust rates of sustainable economic growth. However, history suggests sharply rising inflation not …
by Claudio Grass After months of outright denials and fiery persistence that inflation is not a problem and never will be, central bankers in the US, the EU and other advanced economies are now being forced to face reality, as well …
John Williams with Patrick V. on Silver Bullion TV SBTV spoke with John Williams, author of Shadow Government Stats, about how the real inflation rate is much higher than official numbers and its ravaging effects on the purchasing power of fiat currency users. Discussed …
by: Stefan Gleason When will precious metals markets finally make their move? It’s a question that has frustrated many investors in 2021. Gold and silver prices have remained stubbornly rangebound for the past several months. There is no way to …
Fox: Biden falsely claims wages rising faster than inflation Recent figures published by the U.S. Bureau of Labor Statistics contradict President Biden’s claim Tuesday that wage growth for American workers has outpaced inflation in recent months. Biden made the claim …
